Green pivot: can Australia master the hydrogen trade?

2021 ◽  
Vol 61 (2) ◽  
pp. 466
Author(s):  
Prakash Sharma ◽  
Benjamin Gallagher ◽  
Jonathan Sultoon

Australia is in a bind. It is at the heart of the pivot to clean energy: it contains some of the world’s best solar irradiance and vast potential for large-scale carbon capture and storage; it showed the world the path forward with its stationary storage flexibility at the much vaunted Hornsdale power reserve facility; and it moved quickly to capitalise on low-carbon hydrogen production. Yet it remains one of the largest sources for carbon-intensive energy exports in the world. The extractive industries are still delivering thermal coal for power generation and metallurgical coal for carbon-intensive steel making in Asian markets. Even liquefied natural gas’s green credentials are being questioned. Are these two pathways compatible? The treasury and economy certainly benefit. But there is a huge opportunity to redress the source of those funds and jobs, while fulfilling the aspirations to reach net zero emissions by 2050. In our estimates, the low-carbon hydrogen economy could grow to become so substantial that 15% of all energy may be ultimately ‘carried’ by hydrogen by 2050. It is certainly needed to keep the world from breaching 2°C. Can Australia master the hydrogen trade? It is believed that it has a very good chance. Blessed with first-mover investment advantage, and tremendous solar and wind resourcing, Australia is already on a pathway to become a producer of green hydrogen below US$2/kg by 2030. How might it then construct a supply chain to compete in the international market with established trading partners and end users ready to renew old acquaintances? Its route is assessed to mastery of the hydrogen trade, analyse critical competitors for end use and compare costs with other exporters of hydrogen.

2013 ◽  
Vol 807-809 ◽  
pp. 783-789 ◽  
Author(s):  
Di Zhou ◽  
Cui Ping Liao ◽  
Peng Chun Li ◽  
Ying Huang

CCS (Carbon Capture and Storage) is the only technology available to achieve a deep cut in CO2emissions from large-scale fossil fuel usage. Although Guangdong Province has less heavy industries and higher reliance on energy import compared with many other provinces in China, CCS is still essential for the low-carbon development in the province. This is because fossil fuel energy is now and will be in the foreseeable future the major energy in Guangdong. CCS may have other benefits such as helping energy security and bring new business opportunities. The feasibility of CCS development in Guangdong is ensured by the existence of sufficient CO2storage capacity in offshore sedimentary basins in the northern South China Sea. A safe CO2storage is achievable as long as the selection of storage sites and the storage operations are in restrict quality control. The increased cost and energy penalty associated with CCS could be reduced through technical R&D, the utilization of captured CO2, and the utilization of infrastructure of offshore depleted oil fields. Fossil fuel energy plus CCS should be regarded as a new type of clean energy and deserves similar incentive policies that have been applied to other clean energies such as renewables and nuclear.


2021 ◽  
Author(s):  
Tom Terlouw ◽  
Karin Treyer ◽  
christian bauer ◽  
Marco Mazzotti

Prospective energy scenarios usually rely on Carbon Dioxide Removal (CDR) technologies to achieve the climate goals of the Paris Agreement. CDR technologies aim at removing CO2 from the atmosphere in a permanent way. However, the implementation of CDR technologies typically comes along with unintended environmental side-effects such as land transformation or water consumption. These need to be quantified before large-scale implementation of any CDR option by means of Life Cycle Assessment (LCA). Direct Air Carbon Capture and Storage (DACCS) is considered to be among the CDR technologies closest to large-scale implementation, since first pilot and demonstration units have been installed and interactions with the environment are less complex than for biomass related CDR options. However, only very few LCA studies - with limited scope - have been conducted so far to determine the overall life-cycle environmental performance of DACCS. We provide a comprehensive LCA of different low temperature DACCS configurations - pertaining to solid sorbent-based technology - including a global and prospective analysis.


2019 ◽  
Vol 6 (4) ◽  
pp. 107-115 ◽  
Author(s):  
Alexandre C. Köberle

Abstract Purpose of Review Integrated assessment model (IAM) scenarios consistent with Paris Agreement targets involve large negative emission technologies (NETs), mostly bioenergy with carbon capture and storage (BECCS). Such reliance on BECCS implies IAMs assign it a high value. Past analyses on the value of BECCS in IAMs have not explicitly addressed the role of model structure and assumptions as value drivers. This paper examines the extent to which the value of BECCS in IAMs is enhanced by model structure constraints and assumptions. Recent Findings Predominant use of high discount rates (3.5–5%) means models opt for delayed-action strategies for emissions mitigation that lead to high levels of cumulative net-negative emissions, while lower discount rates lead to reduce reliance on NETs. Until recently in the literature, most models limited NET options to only BECCS and afforestation, but introduction of other CDR options can reduce BECCS deployment. Constraints on grid penetration of variable renewable energy (VRE) is a determining factor on the level of BECCS deployment across models, and more constrained grid penetration of VREs leads to more BECCS in electricity generation. Summary This paper concludes BECCS derives significant value not only from the existing structure of IAMs but also from what is not represented in models and by predominant use of high discount rates. Omissions include NETs other than BECCS and deforestation, low-carbon innovation in end-use technologies, grid resilience to intermittent sources, and energy use in agriculture production. As IAMs increasingly endogenize such constraints, the value of BECCS in resulting scenarios is likely to be dampened.


2021 ◽  
Vol 13 (21) ◽  
pp. 12278
Author(s):  
Katja Witte

To limit global warming, the use of carbon capture and storage technologies (CCS) is considered to be of major importance. In addition to the technical–economic, ecological and political aspects, the question of social acceptance is a decisive factor for the implementation of such low-carbon technologies. This study is the first literature review addressing the acceptance of industrial CCS (iCCS). In contrast to electricity generation, the technical options for large-scale reduction of CO2 emissions in the energy-intensive industry sector are not sufficient to achieve the targeted GHG neutrality in the industrial sector without the use of CCS. Therefore, it will be crucial to determine which factors influence the acceptance of iCCS and how these findings can be used for policy and industry decision-making processes. The results show that there has been limited research on the acceptance of iCCS. In addition, the study highlights some important differences between the acceptance of iCCS and CCS. Due to the technical diversity of future iCCS applications, future acceptance research must be able to better address the complexity of the research subject.


2012 ◽  
Vol 3 (3) ◽  
pp. 15-21
Author(s):  
Ang Zhao

As a significant mitigation strategy to fight climate change, Carbon Capture & Storage (CCS) demonstration projects have received huge amount of public funding across the world. After examining three large scale integrated CCS coal-fired power demonstration projects, which are carried out by America, Europe and China, this paper presents three different approaches that three authorities are taking to support the adventure of CCS technology. By comparing these three cases, the paper demonstrates there exist some significant challenges in CCS development in China and offer relevant policy recommendations to cope with the challenges.


Energies ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 387
Author(s):  
Salvatore F. Cannone ◽  
Andrea Lanzini ◽  
Massimo Santarelli

Natural gas is considered a helpful transition fuel in order to reduce the greenhouse gas emissions of other conventional power plants burning coal or liquid fossil fuels. Natural Gas Hydrates (NGHs) constitute the largest reservoir of natural gas in the world. Methane contained within the crystalline structure can be replaced by carbon dioxide to enhance gas recovery from hydrates. This technical review presents a techno-economic analysis of the full pathway, which begins with the capture of CO2 from power and process industries and ends with its transportation to a geological sequestration site consisting of clathrate hydrates. Since extracted methane is still rich in CO2, on-site separation is required. Focus is thus placed on membrane-based gas separation technologies widely used for gas purification and CO2 removal from raw natural gas and exhaust gas. Nevertheless, the other carbon capture processes (i.e., oxy-fuel combustion, pre-combustion and post-combustion) are briefly discussed and their carbon capture costs are compared with membrane separation technology. Since a large-scale Carbon Capture and Storage (CCS) facility requires CO2 transportation and storage infrastructure, a technical, cost and safety assessment of CO2 transportation over long distances is carried out. Finally, this paper provides an overview of the storage solutions developed around the world, principally studying the geological NGH formation for CO2 sinks.


2018 ◽  
Vol 58 (2) ◽  
pp. 633 ◽  
Author(s):  
Shiva Tyagi

The task force on climate-related financial disclosures (TCFD) published its recommendations for disclosing climate-related risks in June 2017. The TCFD report represents a framework for companies to disclose climate-related information consistently in their mainstream financial filings. Reporting financial activity using the lens of climate-related risk would, according to the TCFD, help more appropriately price risks and allocate capital in the context of climate change. The initiative, while voluntary, would help speed the transition to a low-carbon economy, and help shift the corporate perspective beyond immediate concerns. The oil and gas industry can play a leading role in the transition to a low carbon economy through: carbon capture and storage, use of natural gas as a transition fuel and the implementation of large-scale renewable energy projects. Given the oil and gas industry’s global leadership in petroleum geology, resource extraction and pipeline transmission, the industry has a vital role in testing the feasibility of large-scale carbon capture and storage. Fossil fuels and renewable energy technologies have obvious complementary synergies and fossil fuels like natural gas are necessary for the reliable, affordable and low-cost transition to a low carbon transition pathway. The oil and gas industry may be the only sector with the requisite expertise and global scale of operations to test and implement large-scale renewable technology initiatives within a public-private partnership framework. Moreover, oil and gas companies are well positioned to be leaders in the effort to adapt and strengthen resilience to the effects and risks of climate change and reduce impacts.


2021 ◽  
Author(s):  
Tom Terlouw ◽  
Karin Treyer ◽  
christian bauer ◽  
Marco Mazzotti

Prospective energy scenarios usually rely on carbon dioxide removal (CDR) technologies to achieve the climate goals of the Paris Agreement. CDR technologies aim at removing CO2 from the atmosphere in a permanent way. However, the implementation of CDR technologies typically comes along with unintended environmental side-effects such as land transformation or water consumption. These need to be quantified before large-scale implementation of any CDR option by means of life cycle assessment (LCA). Direct air carbon capture and storage (DACCS) is considered to be among the CDR technologies closest to large-scale implementation, since first pilot and demonstration units have been installed and interactions with the environment are less complex than for biomass related CDR options. However, only very few LCA studies - with limited scope - have been conducted so far to determine the overall life-cycle environmental performance of DACCS. We provide a comprehensive LCA of different low temperature DACCS configurations - pertaining to solid sorbent-based technology - including a global and prospective analysis.


2021 ◽  
Author(s):  
Tom Terlouw ◽  
Karin Treyer ◽  
christian bauer ◽  
Marco Mazzotti

Prospective energy scenarios usually rely on Carbon Dioxide Removal (CDR) technologies to achieve the climate goals of the Paris Agreement. CDR technologies aim at removing CO2 from the atmosphere in a permanent way. However, the implementation of CDR technologies typically comes along with unintended environmental side-effects such as land transformation or water consumption. These need to be quantified before large-scale implementation of any CDR option by means of Life Cycle Assessment (LCA). Direct Air Carbon Capture and Storage (DACCS) is considered to be among the CDR technologies closest to large-scale implementation, since first pilot and demonstration units have been installed and interactions with the environment are less complex than for biomass related CDR options. However, only very few LCA studies - with limited scope - have been conducted so far to determine the overall life-cycle environmental performance of DACCS. We provide a comprehensive LCA of different low temperature DACCS configurations - pertaining to solid sorbent-based technology - including a global and prospective analysis.


2019 ◽  
Vol 162 (4) ◽  
pp. 1913-1927 ◽  
Author(s):  
Ken Oshiro ◽  
Keii Gi ◽  
Shinichiro Fujimori ◽  
Heleen L. van Soest ◽  
Christoph Bertram ◽  
...  

Abstract This study assesses Japan’s mid-century low-emission pathways using both national and global integrated assessment models in the common mitigation scenario framework, based on the carbon budgets corresponding to the global 2 °C goal. We examine high and low budgets, equal to global cumulative 1600 and 1000 Gt-CO2 (2011–2100) for global models, and 36 and 31 Gt-CO2 (2011–2050) in Japan for national models, based on the cost-effectiveness allocation performed by the global models. The impacts of near-term policy assumption, including the implementation and enhancement of the 2030 target of the nationally determined contribution (NDC), are also considered. Our estimates show that the low budget scenarios require a 75% reduction of CO2 emissions by 2050 below the 2010 level, which is nearly the same as Japan’s governmental 2050 goal of reducing greenhouse gas emissions by 80%. With regard to near-term actions, Japan’s 2030 target included in the NDC is on track to meet the high budget scenario, whereas it is falling short for the low budget scenario, which would require emission reductions immediately after 2020. Whereas models differ in the type of energy source on which they foresee Japan basing its decarbonization process (e.g., nuclear- or variable renewable energy-dependent), the large-scale deployment of low-carbon energy (nuclear, renewable, and carbon capture and storage) is shared across most models in both the high and low budget scenarios. By 2050, low-carbon energy represents 44–54% of primary energy and 86–97% of electricity supply in the high and low budget scenarios, respectively.


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